As of 2026-09-11, the Relative Valuation of New Gold Inc (NGD.TO) is 6.26 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 12.16 CAD, the upside of New Gold Inc based on Relative Valuation is -48.5%.
The range of the Relative Valuation is 2.76 - 10.32 CAD.
| Range | Selected | |
| Trailing P/E multiples | 18.7x - 23.6x | 21.0x |
| Forward P/E multiples | 16.6x - 23.4x | 20.1x |
| Fair Price | 2.76 - 10.32 | 6.26 |
| Upside | -77.3% - -15.1% | -48.5% |
| Date | P/E |